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Knowledge

A selection of great tools, business guides and articles to help make your business a success

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Business guides

From understanding expenses to starting a limited company, we've a range of jargon-free business guides for you to download and keep.

What is Capital Gains Tax?

Capital Gains Tax comes into play when you make a profit from selling something you own. The important point to remember is that the tax is calculated on the profit you make, and not the amount you sold it for. As the name suggests, it’s all about the gain! Here's a quick breakdown of what you need to know.

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Taxation of company cars

Some businesses include a company car as part of the overall remuneration package for their employees. However, HMRC considers the private use of a company car to be a Benefit in Kind and is, therefore, taxed as part of the employee’s overall income from employment.

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